I don't know what's causing your problem but pressing alt+enter will toggle between full screen and windowed mode. Maybe you'll be able to see something / fix the resolution if you put it in windowed mode. Not sure if it'll do anything but it's worth a try.

As the list usually goes, the one below the one you wanted was most likely too high a rez (or to high a refresh rate, or both) for your monitor to display. It not the result of any flaw in your monitor, you simply asked it to do something it can't.